Cambium (CMBM) Reports Q3 Loss, Lags Revenue Estimates
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Cambium Networks (CMBM) reported a Q3 loss of $0.14 per share, which was better than the Zacks Consensus Estimate of a $0.17 loss. However, the company lagged in revenue estimates.
November 07, 2024 | 11:30 pm
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Cambium Networks reported a Q3 loss of $0.14 per share, better than the expected $0.17 loss, but missed revenue estimates.
The better-than-expected EPS loss could be seen positively, but missing revenue estimates may offset this. The stock might not see significant movement as the positive EPS is countered by the revenue miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100